Acquisition by Notting Foods Inc.

Notting Foods Inc.—Background
Notting Foods Inc. is listed on the New York Stock Exchange. It was founded in 1939 and is now the world’s largest processor and marketer of chicken, beef and pork. The company produces a wide variety of branded, processed food products and is the recognised leader in almost every retail and food service market it serves. With revenues of
US$30 billion, Notting has 142 800 employees and more than 360 facilities and offices in 32 US states and 22 countries. Notting Foods’ vision is to be ‘the world’s first choice for protein based foods while maximising shareholder value’.
‘Segment, concentrate and dominate’ has long been its approach to business. The company anticipated consumer demand, segmented a market, concentrated on production and marketing so that it subsequently dominated the segment. Market domination, in conjunction with exacting cost control measures, is the company’s approach to achieving superior profits in fluctuating markets.
In 2006, WEALTH magazine ranked Notting Foods Inc. as America’s most admired company in the food production industry. The survey ranked the 10 largest companies by revenues in 66 industries, including large subsidiaries of foreign firms. According to WEALTH, the survey results reflected the opinions of 10 000 executives, directors and securities analysts who rated the companies in their own industries using eight criteria, including innovation, employee talent, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value and quality of products/services. Notting Foods was rated the top company in the industry in seven of the eight criteria used in the survey. ‘It’s incredibly gratifying to have the hard work of our people recognised by others in the industry,’ said John Notting, chairman and chief executive officer of Notting…...

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...Food Inc.
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...QUESTIONS
1. Food production has become dangerous.
A. more
B. less
2. The industrial food system began with:
A. dine-in restaurants.
B. The fast food drive in.
3. Which corporation is the largest purchaser of potatoes?
A. Carl’s Junior
B. In ‘N Out
C. McDonald’s
D. None of the above
4. The top four beef packers control percent of the market.
A. 30
B. 50
C. 80
D. 99
5. It takes days for today’s chicken to arrive to market. Could not find this in the film (even rewound) so ill guess..
A. 24
B. 48
C. 70
D. 120
6. After the decline of , many farmers in the South turned to raising chickens.
A. tobacco
B. corn
C. soy
D. beef
7. Today’s chickens have difficulty walking/standing because of they have been bred to be heavier.
A. True
B. False
8. Corporations control farmers because of the the farmers have.
A. debt
B. ethics
C. loyalty
D. All of the above
9. A typical chicken grower earns annually.
A. $18,000
B. $35,000
C. $65,000
D. $100,000
10. Eric Schlosser, the film narrator and author, purpose in creating Food, Inc. was to determine:
A. the politics of food.
B. the state of the corn farmers.
C. the source of his food.
D. how food is marketed.
11. Who is responsible for increasing the efficiency of corn growing?
A. Breeders
B. Pesticides
C. Fertilizers
D. All of the above
12. A farm bill codifies the rules of the entire food economy.
A. True
B. False
13. The average American consumes over 200...

...Food Inc. Summary and Response
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...Food Inc Essay
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...Food Inc. documentary – notes
Supermarkets and corn:
• Grocery store tomatoes are picked green and then ripened with ethylene gas
• Most people have no idea where their food comes from – food industry doesn’t want you to know the truth about what you are eating because if you did you might not eat it
• The average grocery store has 47,000 products which makes it look like there is a large variety of choice – but it is an illusion – there are only a few major companies and a few major crops involved
• Much of the processed food is just clever rearrangements of corn (eg. of the additives that are derived from corn: cellulose, saccharin, polydextrose, xanthan gum, maltodextrin, and high fructose corn syrup)
• 30% of our land base in the US is used to grow corn because thanks to government policy farmers are paid to overproduce this easy-to-store crop
• Farmers are producing so much corn that food scientists had to come up with uses for it – just like some of the additives listed above
• Food scientist have also spent a lot of time reengineering our foods – so they last longer on grocery store shelves
• 90% of the processed food products in the grocery store contain either a corn or soybean ingredient and most of the time they contain both (so you may be eating less variety than you think)
• Animals, like cows and fish are fed with corn – because it is so cheap
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...Kraft Foods and Cadbury
Introduction
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...Food Inc.
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...320
The documentary “The Food, INC gave me insight on food production issues that I was
unaware of. The manufacturing companies have a strong hold on farmers that prevents the
natural way of farming. Farmers spend thousands of dollars purchasing new equipment to
make companies such as Tyson happy. These farmers end up borrowing more money than
they actually make. The issues in food production include cheap labor, immigration, e-coli
contamination, pesticide usage, the fast food industry, and the sanitary conditions for both
animals and workers in factories.
Companies such as Smithfield recruit immigrants from Mexico to work in their factories.
workers are paid very low wage and endure unsafe work conditions. There is an agreement
between manufacturing companies and INS so that immigrants to be deported in small
numbers. This is done so that the factory’s production is not affected. I was unaware that
immigrants work for these large manufacturing companies for such a low wage. These people
are exploited by companies such as Smithfield. Some of these workers have been working in
United States for over fifteen years. The corporations are robbing livelihood of workers and
there only means of survival. We as Americans lobby against immigrant’s presence in the
United States. The ham and turkey we buy that is so inexpensive for Thanksgiving dinner is
made possible by immigrant workers.
The fast food industry has been profitable......

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...Topic: Food Production and Consumption Choices
Food Inc
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In any business, to become successful you have to be able to supply a demand. Also be able to do so cost efficiently and increase the process t
ime. All of these companies that were announced in the film Food Inc, are market-oriented, they produce a product such as chickens, whose intake has been adjusted so they grow faster and larger, they know how to produce them quickly and they also in bring buyers and sellers. With this system it allows them to yield higher profits, because they spend less time in production time of growing their product. One of the companies illustrated is Tyson, they have their employees specialized in order to complete many task in a quicker time frame. Such as the one women in the film, who was stamping or “branding” these baby......